Property Valuation
Plottage (assemblage) value in real estate refers to:
AThe decrease in value from combining smaller lots
BThe increased value created by combining two or more adjacent lots into one larger parcel✓ Correct
CThe value of a corner lot over an interior lot
DThe appraisal value of undeveloped land
Explanation
Plottage is the increment of value created when combining two or more adjacent parcels into a single larger parcel, because the assembled parcel is worth more than the sum of the individual parcels.
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